Of Canada’s top 500 companies measured by gross revenue, 96 were located in Montreal in 1990. By 2011 (the latest year of available data), there were 75—a decline of 21.9 per cent.
The company, with operations in Turkey, China, Greece, Romania and Brazil, plans to produce close to 705,000 to 760,000 ounces in 2013, up from 656,324 ounces in 2012.
Canada is heading towards a "staples trap," whereby the more quickly bitumen is exported, the less diversified and productive the economy becomes, warns a study.
South African police have arrested a former project director for Canadian rare earths-focussed Great Western Minerals Group’s (GWMG) on suspicion of fraud and money laundering.